User Guide to Migrate Staked RAMP from Ethereum Vault to Polygon Vault
RAMP & Polygon introduced step-by-step guide for users migrating staked RAMP from v2 Ethereum vault to v2 Polygon vault.
Be sure to have some $MATIC in your wallet. You will need them for transaction fees.
RAMP Migration
Step 1: Visit https://app.stagingv2.rampdefi.com/#/migrate and connect Metamask (Ethereum). Staked RAMP in v2 Ethereum vaults would be displayed.
Step 2: Select Tab 1: Unstake and Bridge and proceed with Unstaking by clicking on the Unstake button
Step 3: Once unstaking is done, RAMP assets can be bridged over to Polygon from Ethereum. Click on the Bridge button to continue.
Step 4: Once the RAMP assets have been bridged, click the Continue button to select Tab 2: Stake to Polygon, change your Metamask wallet network to Polygon and re-connect your Metamask wallet. Full details on adding and changing your network to Polygon can be found here.
Step 5: RAMP assets might take some time to be bridged over.
Once the RAMP assets are ready, proceed to stake the RAMP assets into the RAMP v2 Polygon Vault.
Step 6: You would be notified when the migration is completed.
What is Polygon?
Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting Secured Chains like Plasma, Optimistic Rollups, zkRollups, Validium etc and Standalone Chains like Polygon POS, designed for flexibility and independence. Polygon’s scaling solutions have seen widespread adoption with 400+ Dapps, ~214M txns and ~1.4M+ unique users.
What is RAMP?
Backed by world-class investors, RAMP is a global decentralized finance solution that focuses on unlocking liquid capital from staked digital assets.
Using the RAMP solution, users with staked assets can continue to receive staking rewards, retain capital appreciation potential on their staked portfolio, and unlock liquid capital to invest in new opportunities at the same time.
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